Seatrium has put in motion a series of non-core asset divestments set to complete by early 2026, targeting over $40 million (S$50 million) in annualized operational cost savings.The Singapore-based offshore and marine group said the savings will follow recent divestments of the AmFELS yard in Texas and the GNL Platform Supply Vessels disclosed in 2025, alongside additional transactions earlier.
Construction is underway on a 39-meter passenger ferry Incat Crowther has designed for Singapore's Majestic Fast Ferry. The new ferry builds on the successful first and second-generation 39-meter ferry platforms Incat Crowther has designed for the same operator.The third-generation 39-meter ferry incorporates a number of refinements developed in consultation with Majestic Fast Ferry and
Construction is underway on a next-generation 39-meter passenger ferry Incat Crowther has designed for Singapore’s Majestic Fast Ferry.The new ferry builds on the successful first and second-generation 39-meter ferry platforms Incat Crowther has designed for the same operator.The ferry incorporates a number of refinements developed in consultation with Majestic Fast Ferry and Indonesian shipyard
Indonesian offshore vessel operator PT Wintermar Offshore Marine (WINS) has acquired the remaining stakes in Singapore-based Fast Offshore Supply (FOS) and its subsidiary PT Fast Offshore Indonesia (FOI), gaining full control of both companies and expanding into the building and operation of aluminium crew transfer vessels (CTVs).WINS acquired the remaining 52.
Italian engineering, certification and consulting company RINA has secured a contract to provide safety assessment services for Indonesia's Green Hydrogen Hub Project H2WATT, a key initiative being developed by PLN Puslitbang, the research and development arm of state-owned utility PT PLN.
Kongsberg Maritime announced the signing of a Memorandum of Understanding (MoU) with PT PAL Indonesia, the country’s largest state‑owned shipyard. The signing ceremony took place at PT PAL’s headquarters in Surabaya and was attended by representatives from Kongsberg Maritime, PT PAL, and the Norwegian Ambassador to Indonesia, Rut Krüger Giverin.
Kongsberg Maritime has been hired by Consórcio Marenova to design and equip four methanol- and ethanol-ready handy-size product tankers for Petrobras Transporte (Transpetro).The vessels will be built by Consórcio Marenova, a partnership between Ecovix in Rio Grande and MacLaren in Niterói, and will be operated by Transpetro.
At Gastech 2025, DNV awarded an Approval in Principle (AiP) to HD Hyundai Heavy Industries (HD HHI) for the design of next-generation LNG carriers (LNGC) and Very Large Ethane Carriers (VLEC) with forward accommodation and Wind-Assisted Propulsion Systems (WAPS). The designs, featuring 174K LNGCs and 100K VLECs (Ethane/LPG carriers)